Cogeco Communications Inc., for which the parent company Cogeco Inc. was founded in 1957, began operating in 1972. We are a solid communications company that strives for internal and external growth.
Our balance sheet is solid and healthy, due primarily to continued growth in revenue, adjusted operating income before depreciation and amortization (“Adjusted EBITDA”) and free cash flow. We maintain a prudent financial leverage (net Indebtedness/Adjusted EBITDA), which makes it possible to support our internal and external growth strategy. Our innovative management team takes a bold, disciplined approach to managing the business and seeking growth opportunities in order to create long-term value for our shareholders.
We continually improve our service offering in the cable/broadband services sector to maximize growth by investing in our networks and equipment as well as in new technology.
Cogeco Connexion's strong Canadian cable operations provide stable growth, industry leading adjusted EBITDA margin and leverages superior Internet speeds in a large part of our footprint. Cogeco Connexion is well positioned to partner with governments to expand connectivity in underserved and unserved areas and pursue its growth.
Atlantic Broadband's successful US cable expansion strategy has resulted in robust organic growth in our largely regional markets with fragmented competition and one of the US industry's highest adjusted EBITDA margin. Atlantic Broadband has an opportunity to expand in adjacent regions with a good growth profile and attractive demographics. An agreement with WideOpenWest was announced to purchase all of its Ohio broadband systems which will provide an opportunity to increase the US revenue base by 28% and deliver superior growth.
Our strong financial performance includes attractive margins, strong free cash flow and dividend growth of over 10%. We practice prudent financial management with a history of reducing leverage following acquisitions.
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Cogeco is a growing company with a global footprint.
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